American Rare Earths and Materials Corp. (fka AREM)

[Slojab]

Another one bites the dust
Another one bites the dust
And another one gone, and another one gone
Another one bites the dust

Hey, I'm gonna get you, too
Another one bites the dust

[Renee]

AREM registration revoked:

https://www.sec.gov/litigation/opinions/2020/34-89546.pdf

[Slojab]

Nothing's up. It's a shell. Nataliya abandoned it when she sold off the intellectual assets of the company a few years ago.

[Poor bastard]

Is it possible for this company to be resurrected due to new lifting of industry over regulations?

[Poor bastard]

Anyone know what’s up with AREM?

[helpx]

Thanks

[Slojab]

Coincidentally, the subject came up on another board and someone who had the idea to take over another grey market ticker that was suspended for non filing, wrote this reply he got from Brenda Hamilton, an expert on such matters.

Ok guys this is what I learned from my talks with Mrs. Hamilton.

Because I have been a large shareholder for a long time I would have been eligible to file the custodianship proceedings and would have most likely won this case fairly easily.

However, since this entity was the recipient of a trading suspension by the SEC it would be very difficult to ever usefully trade this equity ever again.

In order to trade on the OTC markets or an exchange a market maker would need to file a form 211 with the sec. The entity itself cannot file this form, but can apply with a market maker to file the form for them.

This is technically possible, but since trading was suspended, practically, this stock "will never trade again" since no market maker will feel comfortable to file the form 211. According to Brenda this stock is now forever on the grey market.

A little disappointing since I was looking forward to the challenge and traveling to Vegas for the proceedings.

She advised me to go with a direct public offering with my existing company and not pursue the reverse merger. If I find out anything different I will keep yall updated.

[helpx]

Can you reverse a grey market

[helpx]

Very strange

[Slojab]

Yep. Someone, or group, buying a delinquent SEC ticker that was suspended last year and now trading on the greys is pretty amusing.

I wonder how many people have, or will, buy the ticker on the activity alone without bothering to find out the situation.

[Awl416]

lol

[helpx]

Last one close the light

[Slojab]

There's nothing going on. The ticker has been abandoned. Therefore, rare earth as a sector is immaterial.

Asks after closing are meaningless. They get reset at the open.

[Frontier800]

What is going on with this stock?
Bid at .0001, ask 8 dollars?
Whats going on in the rare earth sector, any alternative perspectives on the matter?

[helpx]

One more dead scam

[Slojab]

12(k) Suspension for the period commencing at 9:30 a.m. EDT on August 6, 2019 and terminating at 11:59 p.m. EDT on August 19, 2019.

Upon which date, the stock will be trading on the greys.

[Slojab]

It may be a case of, "If they've waited this long, why not longer?" Or at all? Or maybe some simply don't know that it's to be expected. Ignorance in this market doesn't serve anyone well.

Then, there's the vagary of the SEC in taking their actions. It's too bad there isn't a hard timeline that needs to be met.

[Renee]

Like so many other supported warnings on 100's of stocks the warnings are ignored and/or scoffed at.

A variation of 'it won't happen to my blue chip stock'.....sheesh.

[Slojab]

It only took 7 years!!!!!

And in the meanwhile, people bought this ticker on a regular basis. In the last 3 months alone, around 5M shares were bought for a total cost of $150K.

I tried to warn people.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130641797&txt2find=sec

[Renee]

AREM SEC Suspension for severely delinquent Financials:

https://www.sec.gov/litigation/suspensions/2019/34-86569.pdf

Order:

https://www.sec.gov/litigation/suspensions/2019/34-86569-o.pdf

Admin. Proceeding:

https://www.sec.gov/litigation/admin/2019/34-86568.pdf

[helpx]

Party over

[Slojab]

Yeah, it ran for an hour on just a few trades. Then, it collapsed. I just love a lousy promotion scheme on an empty ticker.

[boston127]

I told you we will run here.

Get in before it is too late. Then, get out. No company here. Just a promotion scheme.

[boston127]

Reaching out to Howie Cheatem, CEO.

He is also part owner of a famous OTC Investor Relations company: Findem, Screwem and Cheatem.

[Slojab]

You do that. And good luck. Btw, who will you be reaching out to?

[Slojab]

It's an empty ticker. Read the board. Check OTCM. Claiming there's something here doesn't help anything when people know better.

[boston127]

Just bought 10K more at .30.

What a steal! I will try to get a conversation going with the CEO and team, and will report back.

[boston127]

Great volume today. Looking for NEWS.

The company is setting itself up for a great move north. Wonder how many employees they have now and the exact locations of all of their REE mines.

[helpx]

Rare dirt...good one...this co. Was a scam...but now its a empty shell...maybe new co. Coming with this ticker

[Slojab]

I'll repeat myself. There is NO COMPANY here. The ticker was abandoned by Nataliya Hearn years ago.

These guys are experts in rare dirt.

Who are "these guys" you speak of?

[boston127]

Barcharts says strong buy!

This will hit .20 easily. These guys are experts in rare dirt.

[Stock_Barber]

Wait... are you saying the facts actually matter?

I am aghast!

[Slojab]

What company? There isn't one. The golf/fishing company that was EGLF before trying to become a rare earth metals company? They're gone. Sold all the rights and what patents they had to a private firm.

[boston127]

REE's and REM's are HOT.

The State Dept. has announced that they want to be less compliant on China for these. I have no idea if the company is even functioning. I'm back in and will ride it for awhile.

[Slojab]

There's always the potential the stock will move on anticipated news of an abandoned ticker being used for a R/M. But there's also the possibility that the prior owners left the SS in such a condition that the new owners would have to do something to solve the problem, to the detriment of shareholders.

It's curious that Computershare, their TA, hasn't updated the SS in quite awhile since they're in OTCM's reporting program.

They're also delinquent in reporting so hopefully something happens to the ticker before it gets suspended.

[Pete001]

I've had this for close to 2 years.
I know there is potential here.

[helpx]

I bought when was element 21!!! 10 years ago...but sold before the r/s because was a scam.....now new shell new co.

[Zhully]

You were here less than a year ago.

[helpx]

New scam coming?

[Pete001]

I have been watching this for years, looks like it is time to push this.

[helpx]

Wtf here....after years

[Pete001]

Looks like there is some positive movement here, some traction has been long overdue.

[Slojab]

The CEOs always do.

[helpx]

Natalya made lots of money with this pump and dump

[Slojab]

Hopefully, the new owners of the private company can accomplish with scandium what Nat couldn't with the public company, Element 21 (EGLF/AREM).

[helpx]

http://www.americanrare.com/overview.htm

[helpx]

https://www.e21golfshafts.com

[boston127]

Crazy 540M on BID again.

Makes you wonder if any of this is real. I just bought 10K at the ASK. Maybe this will get things going.

[boston127]

540M on BID "X" 29M on ASK.

About 1 year ago, I emailed the owner of the Shell (I do not have his contact info anymore) and he never responded. I do not even know the current AS and OS but I believe that this is a Clean Shell.

I will work this if I can make contact.

[boston127]

litar: I wish I knew why.

I will try to get more information this week and, if I do, I will rewrite the DD on the board and post a yellow stickey.

I never sold, but this is gambling blind. I'm not buying either.

If you, or anyone else, can get me contact information, I will follow up and do the rest.